The housing market in 61417 Berwick, IL is slightly below the national average. The median value of a house in 61417 Berwick is $101,900 compared to the national median of $338,100. In terms of appreciation, houses in 61417 Berwick appreciate at a rate of 7.76% annually while the national rate for housing appreciation stands at 8.27%. Though the difference isn't significant, it does indicate that home values are growing more slowly in this area than in other parts of the country. This could be advantageous for those looking to buy a home here as prices may remain lower than they would elsewhere.
The median home cost in Berwick (zip 61417) is $101,900. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Berwick (zip 61417) is up 8.9%.
Average Age of Homes
- The median age of Berwick (zip 61417) real estate is 67 years old
The Rental Market in Berwick (zip 61417)
- Renters make up 15.0% of the Berwick (zip 61417) population
- 0.0% of houses and apartments in Berwick (zip 61417), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.